AUDUSD Technical Analysis
The AUDUSD pair rejected once again the key resistance. What’s next?
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The AUDUSD pair rejected once again the key resistance. What’s next?
AUD/USD has been falling in a descending channel since the March 8 high at 0.6667.
The AUD/USD trades marginally higher in the 0.6510s midweek after pivoting and temporarily pausing its almost-month-long broad slide down from the early March 0.6660 highs.
The Australian Dollar (AUD) attempts to extend gains for the second consecutive session on Wednesday.
The increased downward pressure on the US Dollar (USD) spurred a notable recovery in AUD/USD on Wednesday, building on the previous session’s advance further north of 0.6500 the figure.